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November Quiet Before Volatility Resumes

San Francisco
December 07, 2021

The Bitwise 10 Large Cap Crypto Index posted a loss of 1.40% in November as Bitcoin retreated from all-time highs reached earlier in the month. Along with a broad pullback in U.S. equity markets, crypto asset prices retreated sharply at the start of December in response to concerns about the Omicron variant outbreak and comments from U.S. Federal Reserve Chair Jerome Powell hinting that the bank will tighten monetary policy at a faster pace than previously expected.

In this month’s Advisor Letter, our team explores the crypto market’s key performance metrics for November, reviews the most relevant news from the past month, and highlights a single chart that helps gauge the health of the market.

To request an interview or for further information about Bitwise, we ask that members of the press please contact:

Frank Taylor/Ryan Dicovitsky
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[email protected]

David Lawant
David Lawant
Director of Research
Juan Leon
Juan Leon
Crypto Research Analyst

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